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Shelley Sullivan has sparked whispers about her dramatically refreshed appearance after stepping out looking slimmer than ever at her latest VIP bash.
The MCoBeauty founder, 53, has undergone a striking transformation in recent years, with her weight loss attracting plenty of attention among Sydney's social set following her 2024 split from ex-husband Anthony Sullivan.
And her shrinking frame combined with her decidedly youthful-looking complexion had onlookers chattering on Saturday night as she hosted a lavish Pink Panther-themed bash at her rented Potts Point mansion.
The sighting prompted fresh speculation about whether the effervescent businesswoman may have had some cosmetic work done, although Shelley has not publicly confirmed that she has undergone a facelift or any other procedure.
The glamorous gathering attracted a Who's Who of Sydney's moneyed eastern suburbs, including her fashion designer best friend Pip Edwards, who was joined by new boyfriend Nicholas Nogarotto.
Pip and Nicholas were spotted arriving at the mansion hand-in-hand, with Pip looking chic in a white oversized tee and pink high-waisted trousers, while Nicholas dressed down in a dark button-down shirt and baggy pants.
Shelley Sullivan (above, with Justin Green) has sparked whispers about her dramatically refreshed appearance after looking slimmer than ever at her lavish party over the weekend
Shelley is pictured left leaving Catalina in Rose Bay on October 1, and right in August 2022
Her decidedly youthful-looking complexion had onlookers chattering over the long weekend as she hosted a lavish Pink Panther-themed bash at her rented Potts Point mansion
The glamorous gathering attracted a Who's Who of Sydney's moneyed eastern suburbs, including her fashion designer best friend Pip Edwards (left)
Pip and new boyfriend Nicholas Nogarotto were spotted arriving at the mansion hand-in-hand, with Pip looking chic in a white oversized tee and pink high-waisted trousers
Nicholas dressed down in a dark button-down shirt and baggy trousers
TV personality Melissa Hoyer arrived in a dramatic black gown and aviator sunglasses, while artist Daimon Downey wore a white shirt and trousers layered over a pink T-shirt
Guests were dressed to impress as they strolled towards the party
Many guests embraced the Pink Panther theme by wearing pink and white outfits
Sticking to the Pink Panther theme, Pip completed her look with a quilted pink Chanel handbag and a pair of pink-tinted sunglasses.
Columnist Melissa Hoyer arrived in a dramatic black gown and aviator sunglasses, while artist Daimon Downey wore a white shirt and pants layered over a pink T-shirt.
Meanwhile, Shelley's much younger new boyfriend, Justin Green, didn't leave her side throughout the night.
The couple's relationship was publicly revealed earlier this year when Justin joined Shelley at her Valentine's Day party at her Sydney home, where he mingled with a star-studded guest list, including Edwards and Downey.
But it was Shelley's own appearance at this weekend's bash that was hard to miss.
The beauty entrepreneur - who last year sold her 50 per cent remaining stake in MCoBeauty to Dennis Bastas' wellness conglomerate DBG Health after building it to a $1billion valuation in less than five years - showcased her dramatically slimmed-down figure in a shimmering, mermaid-inspired dress by Leslie Amon.
The gown, which featured starfish embroidery and a dangerously short hemline, is worth $500.
And the party itself was every bit as extravagant as guests have come to expect from Shelley.
Artist Daimon Downey wore a white shirt and trousers layered over a pink T-shirt
Shelley's much younger new boyfriend Justin Green (right) didn't leave her side
The sighting prompted fresh speculation about whether she may have had some cosmetic work done, with eastern suburbs gossips remarking on her particularly taut appearance
Shelley has not publicly confirmed that she has undergone a facelift or any other procedure
The beauty entrepreneur showcased her dramatically slimmed-down figure in a shimmering, mermaid-inspired dress by Leslie Amon
The Pink Panther theme was taken to extraordinary lengths, with a man dressed as the iconic character complete with an enormous foam head roaming around the party
Men with bubble guns sprayed the raucous crowd as the Pink Panther and his sidekick made their entrance
Guests were pictured arriving at the exclusive soirée dressed to the nines
Guests in fancy dress were conspicuously dusted with white powder. This must surely have been an ode to the debauched parties of 1980s Hollywood
The party came days after Shelley once again displayed her extremely slim frame while leaving Catalina restaurant in Sydney's Rose Bay with her daughter Emily
The deeply-bronzed blonde looked glamorous in a flowing pink dress that swathed her frame, while accessorising with a diamond necklace and hoop earrings
The Pink Panther theme was taken to extraordinary lengths, with a man dressed as the iconic character complete with an enormous foam head roaming around the party.
There was also a man with dwarfism dressed as Inspector Jacques Clouseau, while a bubble machine, DJ decks and disco lights helped turn the mansion into a nightclub.
Waiters meandered through the crowd handing out pink shots as guests danced into the early hours.
Shelley appeared to be one of the party's biggest revellers, with videos shared to her social media showing her dancing and grinding on the dance floor with Inspector Clouseau and others.
Curiously, several images from the evening posted online showed guests in fancy dress conspicuously dusted with white powder.
This must surely have been a tongue-in-cheek ode to the debauched parties of 1980s Hollywood and there is no suggestion that any illegal drugs were involved.
The party came days after Shelley once again displayed her extremely slim frame while leaving Catalina restaurant in Sydney's Rose Bay with her daughter Emily.
Looking wrinkle-free and youthful, Shelley once again sparked rumours of cosmetic work as she took photos of her daughter outside the waterfront establishment
Shelley made her mark in the 1990s with her model and talent agency before launching her thriving 'masstige' beauty brand ModelCo in 2016
ModelCo has overtaken legacy beauty brands like L'Oréal, Maybelline and Rimmel in the Australian market
Shelley had a curvier figure during her marriage to ex-husband Anthony Sullivan
The deeply bronzed blonde looked glamorous in a flowing pink dress that swathed her frame, while accessorising with a diamond necklace and hoop earrings.
She completed her look with a pair of stilettos and a Christian Dior handbag decorated with a Pink Panther keychain.
Looking wrinkle-free and youthful, Shelley once again sparked rumours of cosmetic work as she took photos of her daughter outside the waterfront establishment.
Shelley made her mark in the 1990s with her model and talent agency before launching her thriving 'masstige' beauty brand ModelCo in 2016.
Masstige is a retail term referring to a product that is marketed as 'prestige' or premium but is in fact mass-produced and inexpensive.
The beauty boss launched her brand's Tan Airbrush In A Can more than 20 years ago and it still sells a bottle every 36 seconds worldwide.
She is also credited with introducing the world to the first heated eyelash curlers.
ModelCo has overtaken legacy beauty brands like L'Oréal, Maybelline and Rimmel in the Australian market.
The likes of Kendall Jenner, Hailey Baldwin, Rosie Huntington-Whiteley and Elyse Knowles have represented the internationally famous line.
In 2022, MCoBeauty was approached by a large Australian conglomerate which acquired a portion of the business.
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